Stock Market Update
29-Sep-26 15:25 ET
Stocks mostly lower ahead of key inflation data
Dow -124.52
at 51356.90,
Nasdaq -4.75
at 26836.67,
S&P -9.40
at 7674.39
[BRIEFING.COM] The S&P 500 (-0.1%), Nasdaq Composite (flat), and DJIA (-0.2%) remain mostly lower near their flat lines with just half an hour left in Tuesday's session.
Crude oil futures settled $3.18 lower (-3.4%) at $89.26 per barrel, though the stock market's response to the sizable decline has been relatively muted. Participation has remained weak throughout the afternoon, even as the major averages have recovered somewhat from their midday levels.
The market will have a full slate of economic data to digest tomorrow morning, headlined by the August Personal Income and Spending report and its PCE Price Index, the Fed's preferred inflation gauge. The headline PCE Price Index is expected to increase 0.4% month-over-month, while the core PCE Price Index, which excludes food and energy, is expected to rise 0.3%.
